The Government of the Republic of Trinidad and Tobago has opened a Deep Water Competitive Bidding Round 2025. This bidding round contains twenty-six (26) offshore blocks located along the eastern and northern coasts of Trinidad and Tobago.

The Deep-Water Competitive Bidding Round was opened on January 27th, 2025 with the deadline for submission of bids being 12 noon on July 2nd, 2025. Successful bids will be announced three (3) months following the close of bidding.

The Petroleum Regulations (Deep Water Competitive Bidding) Order, 2025 outlines the requirements of bid submission, maps and descriptions of the blocks, the summary bid form, and the evaluation method for bid submissions.

A pre-bid fee of US$ 25,000 allows interested parties to participate in this 2025 Deep Water Competitive Bidding Round. Payment of this fee entitles parties to a data package which provides information on the twenty-six (26) blocks on offer to assist in acreage evaluation as detailed in the Data Package Listing.

More details can be found at https://www.ttdeepwaterbid2025.com/ including access to the virtual data room.